CFM Holdings Limited provided preliminary earnings guidance for the year ended 30 June 2017. The group expects to record a net loss after tax for fiscal year 2017. The net loss after tax was mainly due to decline in revenue because of lower demand from customers for metal stamping operations and cleanroom products. Based on a preliminary assessment, the company expects however that net loss after tax will be less than the net loss after tax for the financial year ended 30 June 2016 due to amongst others decrease in depreciation, legal and professional fees, lower comparative provision for doubtful debts, absence of amortisation of intangible assets and intangible assets written off.